TPG Growth’s Investment in Resource Label Group, LLC

Ropes & Gray Advises TPG Growth on the deal

TPG Growth, the global middle market and growth equity platform of alternative asset firm TPG, joins First Atlantic Capital as a significant investor in its portfolio company Resource Label Group, LLC. The transaction was announced on May 29 and financial terms of the transaction were not disclosed.

Serving more than 6,000 customers primarily across North America, Resource Label is a leading, full-service manufacturer of pressure sensitive labels, shrink sleeves and RFID/NFC technology. The company provides custom label design and converting services from its 13 production facilities, which house more than 120 flexographic and 18 digital printing presses. Resource Label’s diverse end-markets include food and beverage, personal care, pharmaceuticals and industrials. Resource Label has been built through organic growth and a series of strategic acquisitions by First Atlantic since 2011.

Founded in 1989, First Atlantic Capital is a middle market private equity firm that leverages its extensive consulting and operational experience to acquire middle market companies, seeking to build them up to become market leaders.

TPG Growth is the middle market and growth equity investment platform of TPG, the global alternative asset firm. With approximately $13.5 billion of assets under management, TPG Growth targets investments in a broad range of industries and geographies.

Ropes & Gray advised TPG Growth with a team including private equity partners Othon Prounis (Picture) and Taylor Hart, benefits partner Loretta Richard, real estate partner Peter Alpert and tax partner Adam Greenwood.

Involved fees earner: Othon Prounis – Ropes & Gray; Taylor Hart – Ropes & Gray; Loretta Richard – Ropes & Gray; Peter Alpert – Ropes & Gray; Adam Greenwood – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: TPG Growth;

Author: Ambrogio Visconti